InsuredProfits.com is a new website and program from the makers of the Binary Pro Matrix, Dave and Ginny, who promise that they can help people “exploit the binary options niche to the tune of $7,000 to $32,000 per week.”
This website says that they can give you everything you need to be a millionaire, and the best part is that their system is completely free not only to register, but at all times – you will never be asked to pay a fee for their software.
What is InsuredProfits.com?
InsuredProfits.com is actually partnered with another company that acts as an online investment trading platform. Specifically, this online trading platform specializes in a particular kind of investment, called binary options.
Binary options is an investment platform that gives people the chance to decide whether they believe a specific stock will call, or rise in value, or put, fall in value, during a pre-determined amount of time, which can range from one minute to six months.
Customers who make the right choice about the behavior of a stock will receive an immediate return on their investment, often up to about 85% of the investment they made. The video presentation says that with their special system, users can expect to make at least $20 with every correct determination and keeping at least $2 even when they don’t.
The Problems
While binary options is both a legal and real investment opportunity, the InsuredProfits.com is not likely to be a real and trustworthy investment opportunity.
Though this system claims to be free, in order to download and use their software you must partner with the binary options trading platform of their choice. This site will change depending on where you live or simply what company they are promoting at the time you sign up.
But regardless of which trading platform it is, users will be required to deposit at least $200 into their account in order to begin trading. So while you do not pay a fee directly to the InsuredProfits.com, you cannot use their system without having at least $200 to invest, and once you make this deposit, InsuredProfits.com will receive a commission from the trading websites they partner with.
The truth is that there are many, many other websites and video presentations just like this one online, including Guaranteed Wealth System, 7 Figure Traveler, Euro Millionaire System, Ataraxia 7, My Binary System, and many others, but if you are interested in binary trading you’d be much better off reading and studying this type of trading and working with a platform and a licensed adviser directly, than relying on one of these “get rich quick” systems.
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